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☆ VW's Skoda would cut 3,000 jobs if 'Euro 7' implemented in current form
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: +1 min

PRAGUE, March 19 (Reuters) - Czech carmaker Skoda would have to cut 3,000 jobs and axe some models if the European Union's "Euro 7" emissions scheme is implemented in its current form, a Skoda board member warned in a TV debate on Sunday. Daimler Trucks (DTGGe.DE) chief Martin Daum for instance said on March 10 it would cost the industry "billions". Overall, more than 10,000 jobs would be at risk in the Czech Republic, including at Skoda's suppliers, Jahn said. The three smaller models represented nearly a third of Skoda's deliveries to customers in 2022. Transport ministers from the Czech Republic, Germany, Italy, Poland, Portugal, Romania, Hungary and Slovakia met on Monday to discuss their efforts to change the Euro 7 proposal.

☆ Perez on pole in Saudi Arabia as Verstappen hits trouble
▼ + stars: | 2023-03-18 | by ( Alan Baldwin | ) www.reuters.com time to read: +4 min

"You really feel the Formula One cars coming alive in this place and maximising that lap was very important," said Perez of what was also his second career pole. "Every session was going really well, every time we were on the track the car was working really well. Mercedes' George Russell and Ferrari's Carlos Sainz will share the second row with Canadian Lance Stroll fifth for Aston Martin and Esteban Ocon sixth for Renault-owned Alpine. Seven times world champion Lewis Hamilton, winner in Saudi Arabia in 2021, will start seventh for Mercedes. "It was really, really on the limit," he said.

☆ Aston Martin shares surge 14% on profitability forecast for 2023
▼ + stars: | 2023-03-01 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

LONDON — British luxury carmaker Aston Martin Lagonda forecasts better profitability this year, after widening its 2022 pretax losses on the back of a weakening U.K. currency. Revenues rose by 26% on the year to £1.38 billion, with gross profit up by 31% year-on-year to £450.7 million. The figure included more than 3,200 of vehicles from the Aston Martin DBX range, of which more than half were driven by the launch of the DX707 SUV model unveiled in February last year. Aston Martin Lagona shares soared, up 14% at 10 a.m. London time, after Aston Martin Lagonda issued more optimistic guidance for this year. "Our order book's never been stronger," Aston Martin Lagonda Executive Chairman Lawrence Stroll told CNBC last month.

"The amount of energy BEVs need is so enormous that I see a strain on our grid that ultimately it can't fulfill." Daimler Truck will invest up to 15 billion euros ($16 billion) on fuel cells over the next decade, Daum said. Symbio, which supplies fuel cells for Stellantis vans, expects global fuel cell vehicle sales to reach 2 million units annually by 2030 and wants a 10% share. Both General Motors (GM) (GM.N) and Toyota (7203.T) are testing fuel cells for larger vehicles including semi-trucks and trains to build scale and lower costs. While Volkswagen is not currently investing in fuel cells, it has hundreds of patents around the technology.

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Wells warned of the contents of the video, called it "horrific," and asked people to protest in peace after its release. Crump has said it reminded him of “the Rodney King video,” referring to the 1991 bystander video of Los Angeles police officers beating a Black man. Two of the officers, Mills and Smith, posted $250,000 bond and were released late Thursday. Haley, Martin and Bean had remained in custody Thursday night, jail records showed. “I expect you to feel what the Nichols family feels,” she said.

The government had been preparing a third and final annual dispensation to cover the 2023 sugar beet crop. Sugar beet growers group CGB condemned the "brutality of the decision" a few weeks before spring planting. That could further discourage sugar beet growers who faced drought-related yield losses last year and put a question mark over sugar production capacity. "When sugar manufacturers don't have enough sugar beet they have to close. The EU court's ruling followed a challenge to a similar exemption for neonicotinoid use on sugar beet in Belgium.

☆ An ultra-luxury Orient Express superyacht featuring a 15,000-square-foot presidential suite will set sail in 2026. Take a look.
▼ + stars: | 2023-01-15 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

The Orient Express brand is taking to the high seas with a 720-foot superyacht. The Orient Express Silenseas will have 54 suites as well as a huge presidential suite. The Accor Group, the hotel giant that also owns Sofitel, Mercure and Novotel, said the Orient Express Silenseas will be able to accommodate up to 120 guests. A rendering of the Orient Express Silenseas. Martin DarzacqThe superyacht, set to sail in 2026, is a partnership between Accor and Chantiers de l'Atlantique, a French shipbuilder.

☆ Bulgaria clears way to take control of Lukoil oil refinery if needed
▼ + stars: | 2023-01-13 | by ( ) www.reuters.com time to read: +1 min

The 196,000 barrel per day refinery, the biggest fuel producer in Bulgaria, has switched to processing only Russian crude after the country was granted an exemption from the European Union's ban on imports of Russian oil over the invasion of Ukraine. Under the exemption to the end of 2024, the refinery cannot export fuels or oil products from Feb. 5 - with exception of deliveries to Ukraine. The refinery can also export by-products that cannot be safely stored in Bulgaria and could pose an environmental hazard. Lukoil Neftochim has previously said it could be forced to shut down if it cannot export its output. A special representative can also be appointed if the refinery breaches competition rules or European Union sanctions.

☆ Newcastle shocked by third-tier Sheffield Wednesday
▼ + stars: | 2023-01-07 | by ( ) www.reuters.com time to read: +2 min

SHEFFIELD, England, Jan 7 (Reuters) - Premier League high-flyers Newcastle United were shocked by third-tier Sheffield Wednesday on Saturday as they suffered a 2-1 away defeat to crash out of the FA Cup in the third round. Newcastle, who sit third in the top flight, fell two goals behind as League One side Sheffield Wednesday’s Josh Windass netted twice in the second half. "It's one of the proudest moments in my managerial career to date," Wednesday manager Darren Moore told the BBC. Newcastle manager Howe highlighted that he thought his team should've made the most of the chances they created. "We have to accept the defeat and Sheffield Wednesday battled for everything, as we did, but it wasn’t to be."

☆ Special Report: Boy Scouts, Catholic dioceses find haven from sex abuse suits in bankruptcy
▼ + stars: | 2022-12-30 | by ( Kristina Cooke Mike Spector Benjamin Lesser Dan Levine Disha Raychaudhuri | Kristina Cooke | Mike Spector | ) www.reuters.com time to read: +19 min

The Boy Scouts, for instance, said on a website the group set up for restructuring that it launched a “comprehensive noticing campaign” in the media. He sought compensation in the Boy Scouts bankruptcy in June, long after a deadline of November 16, 2020 for filing claims. The Boy Scouts bankruptcy reorganization plan, approved by a judge in September, halts all lawsuits against the Boy Scouts, local councils, churches and other organizations that chartered scouting activities. His case was halted by the Boy Scouts bankruptcy. Later that year, in August, he filed his lawsuit against defendants including a Boy Scouts local council and DeSandre.

☆ 'Saturday Night Live': Steve Martin and Martin Short team up for hilarious 'Father of the Bride' skit
▼ + stars: | 2022-12-11 | by ( Chloe Melas | ) edition.cnn.com time to read: +3 min

CNN —Steve Martin and Martin Short brought the funny as co-hosts of “Saturday Night Live” this weekend. NBC/Getty Images Martin plays an IRS agent in a Coneheads skit in February 1977. NBC/Getty Images Martin and Dan Aykroyd, second from left, play the Festrunk brothers — "two wild and crazy guys" — in September 1977. NBC/Getty Images Martin performs with The Dirt Band, which was the show's musical guest when he hosted in January 1978. Alan Singer/NBC/Getty Images Martin puts a spin on traditional Christmas lists in his "A Holiday Wish" skit in 1986.

(Jack Taylor/Pool/Reuters)Dina Boluarte took office as the new president of Peru on Wednesday after the country's Congress ousted Pedro Castillo through a vacancy motion following his attempt to dissolve the governing body. Boluarte became the country's first female president, and just a few hours before, had served as Peru's vice president. It is the sixth time that Peru has had a new president in less than five years. In 2018, she was a candidate for mayor of Surquillo with the Perú Libre Party. During the 2021 general elections, she was a candidate for the vice presidency for the Perú Libre party.

☆ Who is Dina Boluarte, Peru’s first female president?
▼ + stars: | 2022-12-07 | by ( Cnne'S Rocio Munoz Ledo | ) edition.cnn.com time to read: +3 min

CNN —Dina Boluarte took office as the new President of Peru on Wednesday, after Congress ousted former president Pedro Castillo. In this turbulent context, Boluarte, who until a few hours ago was the country’s Vice President, took over as Castillo’s successor after being sworn in before the plenary session of Congress on Wednesday afternoon. She is the first female president in Peru’s history, and the sixth Peruvian president in less than five years. During the 2021 general elections, Boluarte was a candidate for vice presidency for the Peru Libre party and Castillo’s running mate. However, she remained a member of cabinet as vice president.

☆ How to invest in American farmland, with Nuveen Natural Capital's Martin Davies
▼ + stars: | 2022-12-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to invest in American farmland, with Nuveen Natural Capital's Martin DaviesMartin Davies, global head of Nuveen Natural Capital, joins 'The Exchange' to discuss American farmland as an investment, as an inflation hedge and record increases in farmland value.

NEW YORK, Nov 30 (Reuters) - The volatility and market uncertainty have hit the initial offerings market hard, driving down proceeds by 93% this year, Lynn Martin, president of the New York Stock Exchange said on Wednesday. "There is a lot of uncertainty and there's a lot of different forces that are impacting markets," said Martin during an interview at the Reuters NEXT conference. Martin said companies "very much want to go public," but they are just all waiting for the volatility in the market to calm down. She also spoke about the collapse of crypto exchange FTX, pointing out FTX lacked a central counterparty for clearing its trades, which is why their bankruptcy is "a bit murky." "The FTX situation may have added a layer of complexity to to the crypto markets in general," Martin said.

☆ Qatar 2022: Cycling from Paris to Doha to watch the World Cup
▼ + stars: | 2022-11-27 | by ( Ben Church | ) edition.cnn.com time to read: +5 min

Doha, Qatar CNN —Traveling to watch their team play at the World Cup took a little longer than usual for two French fans. Mehdi Balamissa and Gabriel Martin decided the best way to travel from France to Qatar was on two wheels. The friends spent three months traveling 7,000 kilometers (roughly 4,350 miles) by bicycle to reach Qatar 2022 and watch their beloved France defend its title. mondialavelo/Instagram‘Special’ end to ‘crazy’ tripThe pair agreed cycling through Jerusalem was another highlight of a trip that ended in spectacular fashion. Their plan now is to stay in Qatar for as long as France stays in the competition before flying back home.

☆ Two companies have luxury trains called the 'Orient Express.' Here are the differences
▼ + stars: | 2022-11-22 | by ( Lucy Handley | ) www.cnbc.com time to read: +9 min

The "Orient Express" has been called the "king of trains" and the "train of kings." By the 1970s, the original Orient Express trains had made their last journeys, and the carriages fell into disrepair. The Orient Express 'La Dolce Vita'Accor has more plans to use the Orient Express name. A rendering of the "Orient Express La Dolce Vita," which will connect Rome to cities like Paris, Istanbul and Split. A rendering of a bedroom suite on the "Orient Express La Dolce Vita," showing the train's 1960s-style decor.

☆ Demichelis to leave Bayern, take over as River Plate coach
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

Nov 14 (Reuters) - Former Argentina defender Martin Demichelis will leave his role as coach of Bayern Munich's reserve team to take charge of his former side River, the German Bundesliga club said on Monday. Marcelo Gallardo is leaving River Plate after more than eight years at the Argentine club during which he won 14 titles. "Bayern and Martin Demichelis have agreed that the second-team coach will move to his former club, River Plate in Buenos Aires, at his own request, to take over as head coach," Bayern Munich said in a statement. Demichelis, 41, began his career as a centre back with River Plate in 2001 before moving to Bayern. "I came to Europe as a player from River to Bayern, now I'm going the other way as a coach," Demichelis said.

☆ VC firm Molten Ventures cuts portfolio value after tech sell-off
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +1 min

LONDON, Nov 2 (Reuters) - European tech venture capital firm Molten Ventures (GROW.L) cut the value of its portfolio by about 17%, measured in constant currency, on Wednesday to reflect the drop in public markets such as Nasdaq. However, he said the strength of the dollar had provided a tailwind of around 5%, which meant the overall portfolio was down 12%, a "relatively modest drop". He said demand for the technology and services it backed remained strong, with revenue growing at an average rate of more than 60% in its core portfolio this year and forecast growth of 70% next year. "As a result the revenue of our companies have remained pretty stable." Reporting by Paul Sandle; editing by Sarah YoungOur Standards: The Thomson Reuters Trust Principles.

☆ NBA roundup: Luka Doncic leads Mavs in record-breaking rout
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +8 min

Jrue Holiday added 19 points and 10 assists for Milwaukee, which established control by darting to a 13-0 lead out of the gate. Tyrese Haliburton contributed 24 points, 10 assists and five steals, while Jalen Smith had 19 points and 15 rebounds for Indiana. Jaden Ivey had 17 points, 11 rebounds and five assists, Bojan Bogdanovic fired in 16 points and Isaiah Stewart added 11 points. Evan Mobley added 16 points and Kevin Love sank five 3-pointers as part of his 15-point, 12-rebound performance. Josh Giddey added 19 points and 12 rebounds, and Mike Muscala scored 18 off the bench for Oklahoma City.

☆ 15 venture capitalists that early-stage sports tech, health, and wellness founders should know if they're looking to raise capital
▼ + stars: | 2022-10-19 | by ( Matthew Kish | ) www.businessinsider.com time to read: +17 min

Other recent investments include Bumble, Goop, Spring Health, Chief, Found, Daily Harvest, and Blueland. Recent investments include the sneaker-trading platform Tradeblock, which touts itself as an alternative to StockX and Goat. Recent investments include AnyDistance, Balanced, and Juna. Her recent investments include Calibrate, DUOS, Dutch, and Buffalo Market, a food distributor focused on plant-based and organic foods. Recent investments include pickleball products company Revolin, live-sports artificial-reality company Quintar, recovery products company Alleviate, and community cycling app Preem.

☆ Wall St rallies after Goldman, Lockheed results
▼ + stars: | 2022-10-18 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

The gains help lift the S&P industrials index (.SPLRCI) 1.79%, the strongest performance of the 11 major sectors. Analysts now expect quarterly earnings growth for S&P 500 companies of just 2.8% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data. Fed officials have largely been in sync in comments about the need for the central bank to tamp down inflation. Netflix (NFLX.O) lost 1.90% ahead of its earnings report after markets close, with all eyes on the video-streaming company's subscriber growth, which is seen falling in the third quarter. The S&P 500 posted 3 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 61 new highs and 81 new lows.

☆ Review: Driving the $360,000 Bentley Continental GT Speed is the closest I'll ever get to heaven on Earth
▼ + stars: | 2022-10-17 | by ( Alanis King | ) www.businessinsider.com time to read: +9 min

The Bentley Continental GT Speed. The Bentley Continental GT Speed. The Bentley Continental GT Speed. The Bentley Continental GT Speed. The Bentley Continental GT Speed.

☆ Russia is making excuses for why it can't stop US-made HIMARS from shredding its military in Ukraine
▼ + stars: | 2022-10-16 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Russian forces have struggled to counter Ukraine's use of US-made HIMARS rockets. One Russian defense blog has an explanation: HIMARS has a secret feature that prevents Russian artillery from targeting it. "This greatly distinguishes American systems from conventional MLRS [multiple launch rocket systems], where the projectiles fly along a ballistic trajectory. "Unless the radar happens to be looking in the right place at the right time, it will not detect a HIMARS launch," Cranny-Evans said. While this Avia article appears groundless, Russian defense blogs — which often have links to the Russian government and military — can be quite illuminating.

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